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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (5278)6/8/2000 1:46:00 PM
From: LLCF  Read Replies (1) | Respond to of 5676
 
<Haim, they will close the exchanges, true. but by then the MCHVE will have already happened.>

One can look to the commodity markets to see that this is true. At any given time the market can remain closed as the commodity in question is 'limit down' again... this can go on for days until you reach a price where there is a buyer.

When the stock market closes because there are too many sell orders it won't change anything...

See the Hong Kong example of the government buying shares as a more likely savior.

DAK



To: pater tenebrarum who wrote (5278)6/8/2000 5:10:00 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 5676
 
Hainz, but Japan's stock market is still around 50% from it's high which means that the NAZ could not drop much below 2500 which is still overvalued.

Today's market action was remarkeble in face of 50bp rise in the Euro.

Haim